China

European Union unveils new trade policy, warns of measures to blunt ‘negative spillovers’ from China



The European Union unveiled on Thursday what it called a new, more assertive foreign trade policy that signals greater cooperation with Washington and warns of unspecified measures it reserves the right to take against China to blunt “negative spillovers” from the approach Beijing takes to trade and investment.The regional bloc announced its “open strategic autonomy” as a way to cope with challenges including climate change, “greater recourse to unilateralism”, and the economic consequences of…



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